$ETH /USDT: Re-test Phase After Strong Rejection

The price of #Ethereum has sharply declined from its high of $2,615.34 to a low of $2,458.00, and is now attempting to recover near $2,496.77. This sudden drop confirms a short-term rejection after hitting a key resistance.

This current movement appears to serve as a good re-test phase, which typically occurs after a strong breakout. If the bulls can hold above the $2,460 area, a rebound towards $2,550 or higher could still be possible.

Keep monitoring the strength near the support level. If buyers return, the uptrend may resume.

Trade here on $ETH